JPM Strategic Bond C Net Acc (FUND:B3RJBC9) - Fund price - Overview

Fund Report

JPM Strategic Bond Fund C - Gross Accumulation

Key Stats
Morningstar® CategoryGlobal Flexible Bond - GBP Hedged
Manager NameRobert Michele
Inception Date01/10/2012
NAV 17/11/2017GBP 1.11
Day Change0.09%
12 Month Yield2.23%
ISINGB00B3RJBC99
SEDOL
Dividend FrequencyQuarterly
Net Assets (mil) 31/10/2017694.32 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time12:00
Regular InvestmentYes
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge0.68%
AMC0.50%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_2

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

ICE LIBOR GBP Overnight

Morningstar® Benchmark

Bloomberg Barclays Global Aggregate TR Hdg GBP

Morningstar Analyst Rating™

Neutral

Growth Of 10,000 (GBP) 31/10/2017

How has this security performed
20132014201520162017
Fund1.481.36-0.294.612.66
Category4.274.430.345.774.46
Benchmark0.047.921.393.661.77
  • Fund: JPM Strategic Bond Fund C - Gross Accumulation
  • Category: Global Flexible Bond - GBP Hedged
  • Benchmark: Bloomberg Barclays Global Aggregate TR Hdg GBP
Trailing Returns % (GBP) 17/11/2017
FundCatBmark
YTD2.204.051.82
3 Years Annualised2.293.722.72
5 Years Annualised2.164.622.98
10 Years Annualised---

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The fund seeks to maximise returns by investing primarily in a global portfolio of fixed and floating rate Debt Securities. The Fund may invest in developed and Emerging Market countries and hold Investment Grade, Below-Investment Grade and Unrated Bonds, Asset and Mortgage Backed Securities (ABS and MBS), Credit Linked Notes and Structured Products. The Fund may use Financial Derivative Instruments (derivatives) for investment purposes or Efficient Portfolio Management including hedging, where appropriate. The Fund may invest up to 10% in Convertible Bonds. The Fund may also hold up to 10% in Equity Securities typically as a result of events relating to the Fund’s investment in Debt Securities including, but not limited to, Debt Securities converting or being restructured.

Portfolio Profile31/10/2017

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.390.000.39
Bonds87.9858.4729.51
Cash175.85112.6563.20
Other6.900.006.90
Top Fixed Income Sectors
Fixed Income Sector%
Cash & Equivalents64.09
Corporate Bond41.45
Government22.86
Asset Backed9.72
Agency Mortgage Backed5.70
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
New since last portfolioInterest Rate 17/Dec/2018 Edz8 Comdty 2018-12-1719.63
US 10 Year Note (CBT) Dec17 2017-12-1913.72
New since last portfolioUS ULTRA BOND CBT BOND 19/DEC/2017 WNZ7 COMDTY 2017-12-198.07
IncreaseUS 5 Year Note (CBT) Dec17 2017-12-296.93
US Treasury Note 2.375% 2027-05-15United States5.90
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
© Copyright 2017 Morningstar. All rights reserved.